Prove to me that Technical Analysis Works.

[Sprout]

nope , it should show the text I was replying to?

have you ignored easymon? I don't blame you

yeah, I engaged until it was clear he's an AJ acolyte and had no intention of challenging his presumptions.

He's a tweener, with bad mom jokes and can't even reply to a simple questions without deflection.

@Illini Trader been attempting but I imagine he'll come to the same conclusion as many that have him on ignore.

 

[MacBookProHo]

lol, ever have a seagull after your fries at the beach?

Capture that moment on video....and post it to YouTube,
You'll make more from the views, viral content, clickbait, ad revenue.....than you would from actually attempting to trade successfully,

 

[guest_trader_1]

Seagulls!!

 

[easymon1]

Seagulls!!

LOL, Seagulls and Chipmunks, paragons of tenacity... Oh, and crabs too, yeah, no, not the seafood ones, they just fine.

 

[Sprout]

There you go

View attachment 293035

Cool, from PA looks like a stonk.

Depends on if that last candle includes today or is the previous day.

With that said I wouldn't be entering now, I would have a short above the prior high from the HRE (32 bars from HRE), and target below the swing low (14 bars from HRE.)

I would want another bar or two before placing a buy midrange from the most recent swing low to swing high (last six bars), SL at (14 bars from HRE), target above the prior (32bar back) high.

Chart looks bullish but we are in a bearish macro environment so I'm anticipating more downside.

 

[Sprout]

The answer, the market went in a rally up, pretty big gap, tons of buyers coming in. Probably institutional fat money.

View attachment 293034

Double top is a retail perspective, nothing inherently rubbish about about street money since it pays the bills.

 

[Illini Trader]

There you go

View attachment 293035

I say Sell on this one. That is a long ledge in the vicinity of a 38.2% retracement fib line and the two day bump that failed at about the 50% retracement mark. Absolutely no way I would go long here.

 

[SunTrader]

??

Where is that number coming from? I trade in GBP for a start

Oh so you pay even more. Why then the smiley smile?

 

[easymon1]

nope , it should show the text I was replying to?

have you ignored easymon? I don't blame you

Why you say that angrytrader?
I don't blame sprouttentott for banning me either, he's full of shit and can't defend himself, same as wrb and gwb. Their solution? Go into a burrow or hide behind mommys skirt on the porch and hurl passive aggressive comments then jumping back behind mommy. lol.

But what'd I do to piss you off baby?

 

[guest_trader_1]

The answer on this one is tricky, the market went sideways for a month. If you had your knitting kit at hand you would be fine, otherwise you are in for a boring waiting period.

Notice that on this one I didn't ask if you would buy or sell the market. I am not that evil.

Most people would have entered thinking that a trend was building up on either side and then after a couple of weeks would have exited out of frustration.